Amazon Prime Raises Monthly Rates

Marco Green
January 22, 2018

The online retailer says its annual membership fee of $99 will not change.

Amazon has increased the monthly rate of an Amazon Prime membership by $2 to $12.99, which brings the total cost to about $156 per year.

Amazon Prime has raised their monthly rates. Qualifying college students will pay $6.49 a month, up from $5.49.

While Amazon has declined to say how many members it has, analysts estimate that it boasts nearly 90 million in the USA and has rapidly growing global numbers.

Amazon Prime members enjoy free shipping from Amazon's store as well as watch TV shows, movies and Amazon exclusive shows from Amazon's Prime Streaming Video service.

Amazon is raising the price of its Prime membership monthly plan by almost 20 percent.

The increased prices become effective on January 19 for new subscribers, while existing subscribers will experience the higher rates starting February. Other benefits of Amazon Prime include Prime Music, Twitch Prime, Amazon photo storage, the Kindle Owners Lending Library, and many others. This is the first price increase since the monthly option was introduced.

An annual membership now makes much more sense financially compared to a monthly membership.

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